15 Lia Fail under contract

I’m a little surprised this lasted seventy-two days. Despite readers’ comments on its Tony Soprano look, this is a very nice house inside, well laid out and in excellent condition. Add to that a close-to-town location with both privacy and neighbors in a great little neighborhood, a pool and a separate guest house/office, with a price tag around $2 million, and it was, as I averred here awhile ago, the best value on the market.

In my opinion, naturally, but I’m glad to see someone else agreed.

Best value in Greenwich?

15 Lia Fail

My vote goes to this house, 15 Lia Fail in (gasp!) Cos Cob. I mentioned it awhile ago but I’ve been soft pedaling it while I brought it to the attention of a couple of my own clients. They didn’t bite (too big for one, beyond stretching range, the other), so here it is again. It’s on over two acres, bordered by conservation land and in the nicest neighborhood in Cos Cob in my opinion. The house is in fabulous condition -one client asked if it were new and it comes with a pool and a separate guesthouse.

The owners paid $1.8 million for it in 1999, added on to it in 2002 and renovated it in 2007. They priced it at $2.850 in 2008 and it didn’t sell. It’s back on now at $2.225 and offers more house, on better land and a better location than anything else in its price range I am aware of. I think it’s a great deal. Assessment is $1.929, and in this case, the house should command a premium over that.

Patience rewarded

15 Lia Fail Way

Lia Fail (site where the Irish kings of yore used to claim their throne, or something like that – ask Michael Dineen) is a really nifty street in Cos Cob close to the Mianus. This house was built on an acre, but adjoins conservation land, back in 1997 and recently renovated. It has a pool, good yard and in the neighborhood is the only 500 – seat marble amphitheatre that I am aware of in Cos Cob. It started off at $3.150 back in January, 2008 but now, after numerous price cuts, it’s down to $2.225. I think that’s an excellent price. Assessment is $1.924 so the sellers and the tax man are close to being in agreement. If you’re looking in this price range, you should visit.